22 Interpretation. U.K.
(1)This section has effect with respect to the meaning of expressions used in this Act, and applies unless the context otherwise requires.
[(2)“Company” means—
(a)a company registered under the Companies Act 2006 in Great Britain, or
(b)a company that may be wound up under Part 5 of the Insolvency Act 1986 (unregistered companies).]
[(2A)An “overseas company” is a company incorporated or formed outside Great Britain.]
[(2B)So far as this Act extends to Northern Ireland, subsections (2) and (2A) do not apply and instead—
(3)Section 247 in Part VII of the Insolvency Act [1986](interpretation for the first Group of Parts of that Act) applies as regards references to a company’s insolvency and to its going into liquidation; and “administrative receiver” has the meaning given by section 251 of that Act [and references to acting as an insolvency practitioner are to be read in accordance with section 388 of that Act].
(4)“Director” includes any person occupying the position of director, by whatever name called . . ..
(5)“Shadow director”, in relation to a company, means a person in accordance with whose directions or instructions the directors of the company are accustomed to act [, but so that a person is not deemed a shadow director by reason only that the directors act—
(a)on advice given by that person in a professional capacity;
(b)in accordance with instructions, a direction, guidance or advice given by that person in the exercise of a function conferred by or under an enactment;
(c)in accordance with guidance or advice given by that person in that person's capacity as a Minister of the Crown (within the meaning of the Ministers of the Crown Act 1975).]
[(6)“Body corporate” and “officer” have the same meaning as in the Companies Acts (see section 1173(1) of the Companies Act 2006).]
[(7)“The Companies Acts” has the meaning given by section 2(1) of the Companies Act 2006.]
[(8)Any reference to provisions, or a particular provision, of the Companies Acts or the Insolvency Act 1986 includes the corresponding provisions or provision of corresponding earlier legislation.]
[(9)Subject to the provisions of this section, expressions that are defined for the purposes of the Companies Acts [(see section 1174 of, and Schedule 8 to, the Companies Act 2006)] have the same meaning in this Act.]
[(10)Any reference to acting as receiver—
(a)includes acting as manager or as both receiver and manager, but
(b)does not include acting as administrative receiver;
and “receivership” is to be read accordingly.]
Textual Amendments
Modifications etc. (not altering text)